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Subchapter 1: BOARD OF DIRECTORS
13-C §801. Requirement; duties of board of directors - §801. Requirement; duties of board of directors 1. Board of...
13-C §802. Qualifications of directors - §802. Qualifications of directors 1. General. The corporation's articles of...
13-C §803. Number and election of directors - §803. Number and election of directors 1. Number of directors....
13-C §804. Election of directors by certain classes of shareholders - §804. Election of directors by certain classes of shareholders If...
13-C §805. Terms of directors - §805. Terms of directors 1. Terms of initial directors. The...
13-C §806. Staggered terms for directors - §806. Staggered terms for directors The corporation's articles of incorporation...
13-C §807. Resignation of directors - §807. Resignation of directors 1. Notice of resignation. A director...
13-C §808. Removal of directors by shareholders - §808. Removal of directors by shareholders The shareholders may remove...
13-C §809. Removal of directors by judicial proceeding - §809. Removal of directors by judicial proceeding 1. Removal by...
13-C §810. Vacancy on board - §810. Vacancy on board 1. Vacancy. Unless the corporation's articles...
13-C §811. Compensation of directors - §811. Compensation of directors Unless the corporation's articles of incorporation...
Subchapter 2: MEETINGS AND ACTION OF BOARD
13-C §821. Meetings - §821. Meetings 1. Location. The corporation's board of directors may...
13-C §822. Action without meeting - §822. Action without meeting 1. Action without meeting. Except to...
13-C §823. Notice of meeting - §823. Notice of meeting 1. Regular meetings. Unless the corporation's...
13-C §824. Waiver of notice - §824. Waiver of notice 1. Waive notice of meeting. A...
13-C §825. Quorum and voting - §825. Quorum and voting 1. Quorum. Unless the corporation's articles...
13-C §826. Committees - §826. Committees 1. Create committees. Unless this Act, the articles...
13-C §827. Submission of matters for shareholder vote - §827. Submission of matters for shareholder vote A corporation may...
Subchapter 3: DIRECTORS
13-C §831. Standards of conduct for directors - §831. Standards of conduct for directors 1. Basic standard of...
13-C §832. Standards of liability for directors - §832. Standards of liability for directors 1. Basis for potential...
13-C §833. Director's liability for unlawful distributions - §833. Director's liability for unlawful distributions 1. Personal liability. A...
Subchapter 4: OFFICERS
13-C §841. Offices - §841. Offices 1. Offices. A corporation has the offices described...
13-C §842. Functions of officers - §842. Functions of officers 1. Sources. An officer has the...
13-C §843. Standards of conduct for officers - §843. Standards of conduct for officers 1. Basic standard of...
13-C §844. Resignation and removal of officers - §844. Resignation and removal of officers 1. Resignation. An officer...
13-C §845. Contract rights of officers - §845. Contract rights of officers 1. No implied contract rights....
13-C §846. Clerk (REPEALED) - §846. Clerk (REPEALED) SECTION HISTORY PL 2001, c. 640, §A2...
Subchapter 5: INDEMNIFICATION AND ADVANCE FOR EXPENSES
13-C §851. Definitions - §851. Definitions As used in this subchapter, unless the context...
13-C §852. Permissible indemnification - §852. Permissible indemnification 1. Standards of conduct. Except as otherwise...
13-C §853. Mandatory indemnification - §853. Mandatory indemnification A corporation shall indemnify a director who...
13-C §854. Advance for expenses - §854. Advance for expenses 1. Conditions. A corporation may, before...
13-C §855. Court-ordered indemnification; advance for expenses - §855. Court-ordered indemnification; advance for expenses 1. Application and order....
13-C §856. Determination and authorization of indemnification - §856. Determination and authorization of indemnification 1. Prerequisites to indemnity....
13-C §857. Indemnification of officers - §857. Indemnification of officers 1. Permissible scope. A corporation may...
13-C §858. Insurance - §858. Insurance A corporation may purchase and maintain insurance on...
13-C §859. Variation by corporate action; application of subchapter - §859. Variation by corporate action; application of subchapter 1. Undertakings...
13-C §860. Exclusivity of subchapter - §860. Exclusivity of subchapter A corporation may provide indemnification or...
Subchapter 6: DIRECTORS' CONFLICTING-INTEREST TRANSACTIONS
13-C §871. Definitions - §871. Definitions As used in this subchapter, unless the context...
13-C §872. Judicial action - §872. Judicial action 1. Nonconflicting-interest transaction not actionable. A transaction...
13-C §873. Directors' action - §873. Directors' action 1. Action regarding transaction. Directors' action regarding...
13-C §874. Shareholders' action - §874. Shareholders' action 1. Shareholders' action. Shareholders' action regarding a...
Subchapter 7: BUSINESS OPPORTUNITIES
13-C §881. Business opportunities - §881. Business opportunities 1. Business opportunity not actionable if standards...